AED 1,250,000

Nestled in the heart of Business Bay, Peninsula Three is one of Select Group’s most refined waterfront addresses. This studio apartment sits on a high floor, commands direct canal views, and is ready for immediate handover — a clean, vacant unit with no tenancy complications.

Unit Features:

– Studio apartment
– 456 ft² / 42 m²
– Fully furnished
– Corner unit
– High floor
– Canal view
– Vacant and ready

Complex Amenities:

– Infinity swimming pool
– Fully equipped gymnasium
– Waterfront promenade access
– Retail and dining at podium level
– Covered parking
– 24-hour security and concierge

Architecture & Concept:

Peninsula Three is part of the wider Peninsula master development, a cluster of towers designed around a continuous waterfront promenade. The architecture emphasises floor-to-ceiling glazing and clean contemporary lines that maximise water views. Communal spaces flow between landscaped decks and the canal edge, creating a walkable, resort-style environment within a business district.

About the Developer:

Select Group is a Dubai-based developer with a strong track record in premium waterfront residential projects, including the full Peninsula collection and several Marina-facing towers.

Location & Benefits:

– Business Bay, Dubai’s central mixed-use district
– Minutes from Downtown Dubai and Burj Khalifa
– Direct access to Dubai Canal waterfront walkway
– Close to Sheikh Zayed Road and Al Khail Road
– Served by Business Bay Metro Station
– High footfall of corporate and short-term rental demand

Investment Appeal:

– Business Bay ranks among Dubai’s most active resale and rental markets
– Canal-facing studios command a consistent rental premium
– Corner position and high floor improve both yield and resale speed
– Fully furnished status allows immediate short-term or long-term letting
– Strong pipeline of end-user and investor demand underpins capital growth
– Entry point into a sought-after Select Group address with proven liquidity

Frequently Asked Questions:

Q: Is the unit currently tenanted?
A: No, the apartment is vacant and available for immediate possession.

Q: Can the unit be used for short-term rental?
A: Business Bay permits short-term rental operations subject to DTCM registration, and the furnished fitout makes this a straightforward setup.

Q: What makes a corner unit on a high floor more desirable in this building?
A: Corner units benefit from dual-aspect glazing, wider canal sightlines, and increased natural light, factors that directly support both rental demand and resale value.

Enquire via the form on this page to arrange a viewing or request further details on this unit.